Being sick is a terrible feeling. What makes it even worse, is the expense on medical bills. With the cost of each visit to the doctor and hospital getting higher every year, there are healthcare regimes being formed to suit your needs, which are more or less affordable.
Policies that govern healthcare are subjected to change overnight in this unstable political scenario in our country.
Many people are on the risk of being left without any sort of insurance cover if they don’t take the proper precautions and leave everything on the hands of their insurers or the government, and unfortunately learning basic first aid and CPR is not going to protect you from everything life throws at you.
Tips for Saving Money on Health Insurance
Healthcare is changing and you need to be prepared for the worst. The goal needs to be to get affordable healthcare to save money and this article is going to help you achieve just that. Not only can you purchase cheaper and more effective health insurance, but you can reduce your health insurance costs in other ways as well!
1.) Take Help From an Insurance Broker You Trust
There is a common misconception that insurance brokers are on the insurers or the insurance company’s side and therefore many people are skeptical of hiring them. This is completely false and by government’s mandate, insurance brokers are supposed to be on your side and work for your welfare.
A number of insurance providers are now working on rendering the best help required by the patients and their families.
You can visit a site such as iSelect in order to clear out your doubts along with being able to choose from the best plans to secure your family and their future.
When you take help from an experienced and trusted insurance broker, he or she helps you understand all the paperwork and legal jargon.
Insurance brokers will work your budget in your healthcare plan, giving you the best policy available out there. They can help you with all kinds of insurance like explaining ad&d insurance, giving you the best advice possible. Most insurance brokers are paid by the insurance companies but some do charge you separately.
There are numerous healthcare insurance policies and options you can choose from these days. Make sure you get the right one for you and your family. If the cost of healthcare is higher in your family, go for a higher premium, and low-cost deductible.
If your family is relatively healthier, then opt for the opposite.
Have a professional guide you through this. Healthcare revenue cycle management companies are a great place to start with your healthcare costs- which are cheap and effective!
2.) Maintain a Fit and Active Lifestyle
The key to spending less on healthcare is to be – healthy! Most diseases come about because people do not pay attention to their nutrition. Eat a balanced diet, with three meals a day. Not only is this a healthy option, but it also keeps you feeling energetic throughout the day!
Another root cause of diseases like hiatal hernina, obesity and Type 2 Diabetes is lack of exercise. Aim to be active as much as you can, for at least an hour per day. If you lead a sedentary lifestyle, take breaks where you can walk up and down the stairs.
Remember, a lot can be done if you just put your mind to it!
Use Ibotta to Purchase Better Quality Food
The number 1 healthiest way to save money on your healthcare costs is to live a healthier life. Those with fewer health issues, especially health issues you have control over (for example, obesity) typically spend much less on their healthcare.
One of the best ways to eat a better diet without spending too much more money is by offsetting some of the cost of high-quality produce by using the Ibotta App. Ibotta is an extremely simple couponing app which can help you save hundreds of dollars a year, just as if you were returning coupons to the store each time you shop.
You can use my referral code for Ibotta if you choose to sign up, and you can earn bonus money from the beginning.
Improving your health through the use of organic foods and drinks is the first option for keeping your health insurance costs low!
For More Information: Staying Active As You Age
3.) Keep Track of Your Healthcare Costs
Many studies have shown that errors in medical billing might be more common than you think. A high percentage of your medical bills are generally paid through insurance and when these medical bills go up, so does your healthcare insurance rates.
Monitor your medical bills for errors and also review the itemized billing that has the names of all the medications or procedures that you are being billed for.
Be aware of balance billing—always check if you are legally required to pay for this bill before loosening your pockets.
See Also: How Debt Can Hurt Your Health
4.) See the Alternatives
There are many alternatives and options that can save you a lot of money. One of those alternatives in taking out a group insurance—which surprisingly, many people are eligible for, if they are in, certain professions or through member associations.
Many hospitals have special support programs for people with specific diseases and a portion of your hospital fee can be waived off in this case.
There are also many organizations that provide financial support for senior citizens in particular.
Go Online for Cheaper Checkups
Yes, this is an actual thing- you can now get yourself diagnosed by a medical expert, right from home- virtually!
This is an excellent option for those who have mild diseases like the flu, looking for a quick relief from the discomfort experienced.
These doctors listen to your symptoms and prescribe the best possible medication, which is usually available from their website itself! And since you’ve been diagnosed by the website’s doctors, they give you discounts on the medication.
5.) Study Your Healthcare Insurance More
People need to understand the basics of your healthcare plan to make more informed decisions and save money in the process.
When you understand your healthcare plan, you can make more sensible decisions, compare, explore for more options, compare the deductibles and see other factors like coinsurance.
6.) Keep Negotiating
Worrying about discounts might not be the first thing on your mind when you leave the hospital but this is something that you absolutely must pay heed to as it might help you save a lot of money.
Many hospitals have programs, support groups etc, under which they allow certain discounts on the final bill you receive. Therefore always keep negotiation on the table when you leave the hospital.
7.) Try to Save On Prescription Drugs
Always take a healthcare insurance that has some coverage for prescription drugs. Also, compare different pharmacies, drug manufacturers before you buy any kind of prescribed drug.
Many pharmacies and drug manufacturers do offer discounts and therefore it is always better to check before making the final purchase.
The above were some tips to save a considerable amount of money on your healthcare insurance and therefore we hope this article helped you.
Opt for Online Pharmacies for All Year Medication
With the internet becoming a place of commodity, it was only natural to introduce online pharmacies as well. On these websites, you can buy your medicines in bulk, for a longer period of time- people usually opt for 3 or 6 months of medicine at a time.
Buying your meds in bulk is a great way to save up, as these pharmacies offer higher discount on more quantities bought.
What’s more is that the shipping is free as well! Most of these websites deliver under a day or two. Make sure you’re ordering through a certified one.
8.) Make the Most Out of Free Checkups and Wellness Programs
You have probably come across these adverts of free checkups where they offer free cholesterol, sugar or complete blood tests. They may also offer free scans. These are very helpful when you want to keep your health conditions in check, at no cost at all. They may also bring your notice to underlying health issues that you may have developed recently.
Some places also offer wellness programs, where they may be conducting surveys.
They too offer free checkups, adding to which you may have to fill out a form or two. Since these surveys happen frequently over the year, you can also sign up with these groups for checkups throughout the year!
9.) Plan Out Your Annual Visit- Don’t Miss It!
An annual full body checkup is a must! Most health insurance companies offer free annual checkups for all their customers. Also make sure to get vaccinated against all possible threats and diseases that you could catch.
Get a dental checkup done every 6 months as well. These periodic checkups can reduce your health risks drastically!
10.) Clean Out Your House More Often
You will be surprised to know how many people fall sick because of their unclean environment. Household dust is a major contributing factor to the development of bronchitis and chronic asthma. Make sure to clear out old books, paper, dust under the beds, vacuum out the carpets, etc.
Keeping your house clean and fresh looking also makes it pleasing to the eye, which is probably a good thing for mental health.
Additional Reading: House Cleaning Workout 101